Park Metropolis man makes use of false PPP loans to purchase truck

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SALT LAKE CITY (ABC4) – A Park Metropolis resident who was initially accused of mendacity about having tens of millions of high-grade N95 respirator masks to promote has not too long ago been accused of illegally making use of for and receiving COVID-19 pandemic loans.

In response to TownLift, as of March 16, John Anthony Taylor was indicted by a federal grand jury on two counts of creating a false assertion on a mortgage or credit score software and one rely of cash laundering.

Taylor allegedly filed functions for each an financial damage mortgage and a paycheck safety program mortgage, each of which have been granted to him via the CARES Act beneath false pretenses.

Although Taylor was not certified to obtain both of the loans, TownLift notes that he collected $36,500 from the financial damage catastrophe mortgage and roughly $15,600 from the paycheck safety program mortgage. He allegedly transferred a part of the funds to a special account and used them to buy a 2014 GMC Sierra pickup truck for over $22,000.

Upon receiving these new costs, Taylor was on pretrial launch in relation to earlier costs from 2020. As acknowledged by TownLift, Taylor was charged with wire fraud in April of 2020 after the FBI acquired studies of him and an confederate promoting their coordination of bulk orders of 3M branded N95 masks.

Amid an investigation of the complaints, TownLift revealed that an undercover FBI agent reached out to the 2 males in April of 2020 and requested a bulk order of the masks. The boys replied and disclosed that they might be capable of expedite the acquisition, however when questioned, an 3M consultant voiced that the corporate had no information of purchases of both suspect. Taylor was then charged on April 29.

Taylor was booked into the Weber County Jail on March 10 on account of the brand new crimes relating to COVID-19 pandemic loans.



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